Director of Loan Review
State Bank and Trust Company - Atlanta, GA

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State Bank and Trust Company – Director of Loan Review Equal Opportunity Employer The Director of Loan Review will be responsible for ensuring the accuracy, timeliness, and integrity of the Banks internal risk ratings and assessment of credit risk; for overseeing independent loan review activities (both internal & outsourced); and for contributing recommendations regarding the Loan Policy, Procedures, and Practices. The Director will also ensure compliance with the Banks established policies and lending standards, as well as banking laws, regulations and interagency guidance. This Senior Officer level incumbent will report to the Chief Risk Officer in preparing formal evaluations of credit risk and credit risk management across the organization and in this regard will also interact with the Banks Chief Credit Officer, Senior Credit Officer and the Director of Credit Administration in order to discuss scope and coordinate Loan Review Activities. The Director of Loan Review will have access to all portfolio surveillance information and will be invited to participate in all Loan Committee, (Problem) Asset Review Committee, and State Bank Credit Committee meetings. The Director of Loan Review will also be responsible for designing and executing a formal loan review plan and for ensuring the quality of loan review. The Director will hire and manage a staff of sufficient expertise and number to execute the loan review plan. With concurrence, the Director may engage third party service providers to support existing Loan Review staff or to conduct special reviews. The incumbent will select loans to evaluate for credit risk according to factors, such as geographical location, type and amount of loan, vintage, industry or other high or emerging risk factors. Each review will evaluate the quality of loans and confirm the risk ratings based on borrower's financial strength, cash flow, collateral protection and probability of loan repayment. The Director of Loan Review will prepare a written report of summary analysis including quality trends and support reasons for assigning adverse risk ratings (which differ from the loan officers rating). Incumbent will also utilize the Banks Monitoring and Tracking Report process to oversee management responses on matters that require actions. This position requires a limited amount of travel to conduct on-site loan review activities and participate in select committees and presentations.Roles and Responsibilities:Design and execute a formal loan review plan, for ensuring the quality of loan review. Quarterly evaluate progress toward plan and report to Executive Management and Board of Directors or Board Committee, as applicable. Designing, in consultation with the Chief Risk Officer and Key Credit Officers, the scope for loan review coverage. Coordinates and effectively communicates with Lending Officers, Special Assets Department and the Credit and Credit Administration Departments. Partners with Credit stakeholders to establish strong working relationships while maintaining independence. Hire, manage and develop an internal loan review staff.Direct all Commercial, CRE, Construction, and Retail Loan Review activities including those executed by third party service provider(s). Provide Quality Assurance over outsourced loan review via a structured review and acceptance of reports and on-site involvement with loan review teams. Conduct ongoing/continuous loan reviews for the broad commercial loan portfolio and select targeted reviews. Periodically review for systemic risk of servicing activities and a sample of loans from each business and lender. Report findings and recommendations for management actions to Executive Management and Board of Directors/Committee, as applicable. Monitor progress by Management for resolving identifies issues in a timely manner, through use of the Banks Monitoring and Tracking Reports. Annually prepare written evaluation of overall credit risk and credit risk management across the organization. Deliver quarterly summary reports to the CRO; Senior Credit Officer, director of Credit Administration; and Executive Management and Board/Committees. Loan Review will also verify the accuracy of the problem loan report listing quarterly. Coordinate Asset Quality portion of regulatory examinations in coordination with Regulatory Relations Department. Develop and deliver appropriate training to bank staff. Assist in other areas as needed. (EG advise and assess effectiveness of Special Assets Group, SBA Department, etc.)
Qualifications Bachelors Degree (Major: Accounting, Finance or Business); Advance Banking and Credit Programs are a plus.Ten or more years of loan review, credit analysis, loan workout or commercial lending experience. Five or more years of management experience. Bank Examiner/Regulator experience is a plus.Strong knowledge of credit risk rating systems and of federal and state bank regulatory standards. Strong knowledge of applicable regulations, guidance and examination procedures. Experience and proven track record of leadership and management skillsExcellent verbal and written communications skills, including experience in training lenders and credit staff on credit, underwriting, loan grading, etc. Demonstrated ability to organize, plan and identify priorities. A wide degree of initiative, creativity and latitude is expected. Ability to learn and use a variety of systems and technology. Employment at Will Employment with State Bank & Trust is 'at-will.' This means that you or the Bank may terminate your employment at any time with or without notice or cause. Employment Eligibility Verification Employees are required to present proof of identity and eligibility to work in the U.S

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State Bank & Trust Company operates as SB&T Bank in Alabama.